Chandigarh: The Credit Information Bureau (India) Ltd (CIBIL) said it will come up with a risk index which will help banks and financial institutions in the process of granting loans and advances to corporates. “It is something which is in pipeline. It is basically a risk management tool which will help banks and financial institutions while sanctioning any loan to the corporate sector,” CIBIL Senior Vice President-Consumer Relations and Communications Harshala Chandorkar said here.

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